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A lot of people do startups to get rich, so that they can then use that money or free time to do good. I've wondered though, if doing the startup is actually t
by bokonist 19y ago
A lot of people do startups to get rich, so that they can then use that money or free time to do good. I've wondered though, if doing the startup is actually the most benevolent thing they will ever do. In a startup your survival is dependent on helping other people. Without that focus, it's easy to do something that appears good, but isn't really helping that much.
The only difference between a non-profit and a company is that a non-profit cannot have equity investors. If a non-profit figures out a model to help people, there is no way to scale it. Thus, non-profits are the last entities that a country wants to subsidize through the tax code.